Saturday, July 20, 2019

A-Rod Wants To Stop Athletes From Going Broke!

At first, I thought this was A-Rod being pretentious and self-serving.

But, after reading the article, I understand his plan.

With so many young men having no training in handling money, the fact they suddenly have tens of millions, makes them think it is never, ever going away.

The unfortunate scenario of this is it's like being on a diet.
You start a diet and once you stop you find that losing the weight was slow and difficult; but, once you stop, the weight is re-gained faster than ever -- it seems.

Also, as Kobe Bryant said during his interview with Jim Hill, when Hill asked him what was the first lesson he learned when he signed his first million dollar contract?

Kobe's response was, (paraphrasing) when a relative asks for a million dollars and you give it to them, they come back the next year and ask for another million dollars.
Instead of doing that, Kobe said, if they earn $2,000 a month, give them an income of $2,000 a month.

Which leads me to one of the things A-Rod mentions in the article about renting houses.

If you don't have enough monthly income from retirement, etc, the athletes needs to consider acquiring a long term income from a portfolio real estate properties.

That's where my expertise is needed.

There are solid, long term investment properties all around us.  You just have to be aware of what's available and what's good and bad.

Enjoy the article.

ARod wants to stop Athletes from Going Broke!

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!

Tuesday, July 16, 2019

The End Is Near!

For a few years now, I have been coming across ads where a home Owner, considering selling their property, can do so without the aid of a local real estate professional.

It's a sad, sad day when another career is doomed by the Internet.

Below is just the latest I have come across that makes it sound super easy to sell your house and save big time on that nasty Sales Commission.

The End Of The Real Estate Professional!

But, since most of these sites will only offer you a low ball price, you are risking losing that sales commission in a lower offer and acceptance.

So, is selling your house (supposedly) hassle free worth it?


Real Estate has in the long run become the same as selling your car.

You want the most money you can get for it, but are you getting the most?

These "hassle-free" sales tactics, are just that: tactics.

When you "trade-in" a car at a dealership, the dealership usually only will value your car at about 65% of Low Blue Book value.

Why?

Because they want the equity -- if any!

The same applies to these hassle free real estate sites.

Hey, I will give you cash right now for your house!

(But, it's the cash amount I want to pay you, not the cash amount your house is actually worth.)

So, go ahead.  Sell your house to one of these sites.


Sure, you will be saving money you weren't going to receive anyway.

But, it's a deal! -- To the Internet buyer!

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!

Sunday, July 7, 2019

It Escapes Me Why Investors Pass on This Steal of an Opportunity!

It's a 10.969% Ca Rate!

There is plenty of room within this investment to see a very good Return On Investment (ROI).

So, why are investors so determined to low ball and steal equity from an Owner?

It boggles my mind!

The Owner has already given in to losing some of his earned Equity; but he is mindful to keep some.

The Three Motels can be acquired at a 12.9% Cap Rate!

Starlite Motel
The Economy Motel
The Casa Blanca Motel
Yet, the Studio Apartment property is the one property ALL of the Investors want; but they keep low-balling even when presented Comparable Evidence their offers are way, way too low.
Alpine Motel Apartments
I'm flummoxed.

So, I will keep trying to obtain a Market Value Offer and Close on these properties anyway I can.
It's a Steal either way it is bought; and a loss to the Owner, still.

To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!